CF ACQUISITION CORP VI-CLS A (CFVI) Stock Technical Analysis
NASDAQ:CFVI - Nasdaq - US12521J1034 - Common Stock - Currency: USD
Taking everything into account, CFVI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, CFVI is showing a nice and steady performance.
CFVI is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, CFVI did better than 96% of all other stocks.
CFVI has an average volume of 1886230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month CFVI has a been trading in the 10.05 - 14.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
CFVI has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
9.85
12.17
2 important support areas can be observed.
- A support zone ranging from 11.53 to 11.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @9.95 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.05 to 12.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CFVI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CFVI is up. |
| ChartMill Relative Strength | 96.26 | POSITIVE | CFVI has a high relative strength, it outperformed 96.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CFVI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CFVI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CFVI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.95 | NEUTRAL | The RSI value for CFVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CFVI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.16 | NEUTRAL | The Stochastics value for CFVI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.56 | HIGH VOLATILITY | The high ATR as a percentage value for CFVI suggests high volalility. |
| Average Directional Index/ADX (14) | 48.53 | POSITIVE | The high ADX value value for CFVI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
12.04
+0.42 (+3.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg3.61%
1 Week0.5%
2 Weeks7.31%
1 Month18.5%
3 Month19.33%
6 Month2.38%
12 Month23.74%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.27
ATR(20)%7.56%
ATR Inc113.22%
Range Today0.98
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.26
Mansfield2.08
10 Day High14.45
10 Day Low11.12
20 Day High14.45
20 Day Low10.05
52 Week High18.52
52 Week Low9.67
CS1 End11.61
CR1 Start12.05
Volume & EV
DER(3)-0.52%
DER(5)0.86%
Volume2.83M
Volume Incr31.27%
Vol(5)3.67M
Vol(50)1.89M